HomeMy WebLinkAboutRes CMD2024-01RESOLUTION CMD 2024-01
A RESOLUTION OF THE BOARD OF THE COTTONWOODS MAINTENANCE
DISTRICT, MARICOPA COUNTY, ARIZONA, APPROVING THE TENTATIVE
BUDGET OF THE DISTRICT FOR THE FISCAL YEAR BEGINNING JULY 1,
2024, AND ENDING JUNE 30, 2025, AND SETTING A HEARING DATE FOR
THE ANNUAL ASSESSMENTS AND BUDGET.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COTTONWOODS
MAINTENANCE DISTRICT, as fo ll ows:
SECTION 1. The statements and schedules attached as Exhibit A and incorporated
herein by this reference are hereby approved for the purpose as hereinafter set forth as the
tentative budget for the Cottonwoods Maintenance District, Maricopa County, Arizona (the
“District”) for the fiscal year 2024-25. The statements and estimates of the operation and
maintenance expenses of the District, the costs of capital improvements and other expenditures
for public infrastructure of the District (collectively, the “District Expenditures”) are hereby filed
with the District Clerk.
SECTION 2. The District Clerk is hereby authorized and directed to cause to be (i) mailed
to the governing body of the Town of Fountain Hills and all persons owning real property within
the District and (ii) published in the manner prescribed by law, a notice in substantially the form
attached hereto as Exhibit A, that the District Board will meet for the purpose of conducting a
hearing for District taxpayers on the statements and estimates of District Expenditures filed with
the District Clerk, including the annual assessments and on the adoption of the 2024-25 Annual
Budget for the District; said hearing to be conducted on June 4, 2024, at 5:25 p.m. in the District
offices (the Council Chambers at Fountain Hills Town Hall), 16705 E. Avenue of the Fountains,
Fountain Hills, Arizona 85268. At the conclusion of the hearing, the District Board shall pass upon
any objections and shall adopt the Final Budget for the District; final approval of the Tax Levy for
the District shall follow on June 18, 2024, at the same time and place.
PASSED AND ADOPTED by the Board of Directors of the Cottonwoods Maintenance
District on May 7, 2024.
Ginny Dickey, District Chairperson
ATTEST:
Linda Mendenhall, District Clerk
APPROVED AS TO FORM:
Aaron D. Arnson, Pierce Coleman PLLC
District Counsel
Aaron Arnson (May 8, 2024 18:44 PDT)
Aaron Arnson
Ginny Dickey (May 8, 2024 18:45 PDT)
Ginny Dickey
EXHIBIT A
TO
RESOLUTION CMD 2024-01
[Notice/Tentative Budget]
See following page.
NOTICE
COTTONWOODS PROPERTY OWNERS
The taxpayers of the Cottonwoods Maintenance District (the “District”) are hereby notified that
the Board of Directors will hold a public meeting on June 4, 2024, at 5:25 p.m. at the District
offices located at 16705 E. Avenue of the Fountains, Fountain Hills, Arizona (the Council
Chambers at Fountain Hills Town Hall), when and where any taxpayers of the District will be
heard in favor of, or against, any of the proposed expenditures for the District, after which the
foregoing estimates as modified or as now existing, will be assessed by the Board of Directors as
the basis for the fiscal year 2024-2025 budget. Taxpayers may file written objections at any time
prior to the hearing, and the Board of Directors shall hear and pass upon any objections at the
hearing.
Copies of the tentative fiscal year 2024-2025 District budget may be viewed prior to the
June 4, 2024, meeting at the District Clerk’s office, 16705 E. Avenue of the Fountains, Fountain
Hills, Arizona 85268, the Town of Fountain Hills website, www.fountainhillsaz.gov/budget, and
the Fountain Hills branch of the Maricopa County Library, 12901 N. La Montana Drive, Fountain
Hills, Arizona 85268.
For the Fiscal Year Ended
Revenues June 30, 2025
Tax Levy at $180.37 per property owner 10,461$
TOTAL 10,461$
Expenses
Annual Landscape Maintenance Cost 7,930$
Annual Reserve for Exterior Wall Maintenance 1,280
Reserve Fund -
Postage 50
Advertising 250
Administrative Fee (10%) 951
Contingency (from Reserve if needed) 5,000
TOTAL 15,461$
PROPOSED BUDGET
FISCAL YEAR 2024-2025
COTTONWOODS MAINTENANCE DISTRICT
Resolution CMD 2024-01
Final Audit Report 2024-05-09
Created:2024-05-09
By:Linda Mendenhall (lmendenhall@fountainhillsaz.gov)
Status:Signed
Transaction ID:CBJCHBCAABAAMRJy4LtIiC3PgqKCQJTNsI_sKdWbEkOD
"Resolution CMD 2024-01" History
Document created by Linda Mendenhall (lmendenhall@fountainhillsaz.gov)
2024-05-09 - 0:23:22 AM GMT- IP address: 184.178.192.162
Document emailed to aaron@piercecoleman.com for signature
2024-05-09 - 0:24:11 AM GMT
Email viewed by aaron@piercecoleman.com
2024-05-09 - 1:43:47 AM GMT- IP address: 104.47.55.254
Signer aaron@piercecoleman.com entered name at signing as Aaron Arnson
2024-05-09 - 1:44:00 AM GMT- IP address: 69.53.213.227
Document e-signed by Aaron Arnson (aaron@piercecoleman.com)
Signature Date: 2024-05-09 - 1:44:02 AM GMT - Time Source: server- IP address: 69.53.213.227
Document emailed to gdickey@fountainhillsaz.gov for signature
2024-05-09 - 1:44:03 AM GMT
Email viewed by gdickey@fountainhillsaz.gov
2024-05-09 - 1:45:06 AM GMT- IP address: 68.2.112.40
Signer gdickey@fountainhillsaz.gov entered name at signing as Ginny Dickey
2024-05-09 - 1:45:27 AM GMT- IP address: 68.2.112.40
Document e-signed by Ginny Dickey (gdickey@fountainhillsaz.gov)
Signature Date: 2024-05-09 - 1:45:29 AM GMT - Time Source: server- IP address: 68.2.112.40
Document emailed to Linda Mendenhall (lmendenhall@fountainhillsaz.gov) for signature
2024-05-09 - 1:45:30 AM GMT
Email viewed by Linda Mendenhall (lmendenhall@fountainhillsaz.gov)
2024-05-09 - 4:53:46 AM GMT- IP address: 98.161.157.183
Document e-signed by Linda Mendenhall (lmendenhall@fountainhillsaz.gov)
Signature Date: 2024-05-09 - 4:54:37 AM GMT - Time Source: server- IP address: 98.161.157.183
Agreement completed.
2024-05-09 - 4:54:37 AM GMT